Mortgage Pre-Approvals

Get Pre-Approved Today & Lock in Your Rate

Mortgage Pre-Approvals & Rate Holds in Canada

Shopping for a home? Get ahead of the market with a mortgage pre-approval and rate hold — your first smart step toward homeownership. At Nirvana Mortgages, we make it easy to get pre-approved for your mortgage and lock in the best interest rate for up to 120 days. Whether you’re a first-time buyer or moving up the property ladder, our team ensures you’re informed, confident, and protected in a shifting market.

What Is a Mortgage Pre-Approval?

A mortgage pre-approval is a lender’s commitment to loan you a specific amount, based on your income, credit score, and financial profile.

Benefits of getting pre-approved:

Know your budget before house hunting
Lock in your rate with a rate hold for 90–120 days
Strengthen your offer in competitive real estate markets
Get a head start on the mortgage approval process
Identify and resolve any credit issues early

We’ll guide you through the process, calculate the break-even point, and help determine if refinancing is the smart move based on your unique financial picture.

What Do You Need for Pre-Approval?

Getting pre-approved is simple. You’ll typically need:

We’ll also guide self-employed, commissioned, or new-to-Canada clients through tailored document requirements.

Benefits of getting pre-approved:

A mortgage pre-approval is ideal for:

Our Pre-Approval Process

Quick Application – Online or in-person in under 10 minutes
Personalized Review – We assess your finances & credit
Lender Matchmaking – We shop 30+ lenders for your best options
Rate Hold Secured – Up to 120 days at today’s lowest rate
Budget Clarity – You’ll know exactly what you can afford

What Happens After Pre-Approval?

Once you’re pre-approved:

We’ll support you from pre-approval to closing day and beyond.

What Is a Rate Hold?

A rate hold is a guarantee from the lender to secure today’s interest rate — even if market rates increase during your pre-approval period.

If rates go down, you can still qualify for the lower rate. If they go up — you’re protected.

Why Choose Us?

At Nirvana Mortgages we:

Secure exclusive rates and flexible approvals
Offer fast pre-approvals, usually within 24 hours
Handle everything — paperwork, lender communication, and follow-ups
Help first-time buyers, newcomers, and self-employed Canadians
Make the process simple, stress-free, and personal

GET IN TOUCH

Book Your Free Consultation Today

Talk to Our Expert

Mr. Vishnu Nirvana

Strategic Mortgage Financing Advisor

Vishnu Nirvana is a seasoned Mortgage Financing Specialist committed to delivering tailored financial solutions for buyers and investors across Canada. With a sharp understanding of market trends and lending landscapes, Vishnu transforms complex financing challenges into seamless, advantageous outcomes.

Our experienced mortgage advisors will:

FAQs

Common Questions About Mortgage Pre-Approvals

Will getting pre-approved affect my credit score?

A single credit inquiry may result in a small, temporary dip. We minimize impact by working with multiple lenders through one bureau pull.

Is a pre-approval a guarantee?

It’s a strong estimate — final approval happens once the property and all documents are reviewed. But it gives you a major advantage.

Can I get pre-approved with bad credit?

Yes. We work with both A-lenders and alternative/private lenders who look beyond credit scores.

Should I wait until I find a home to get pre-approved?

No — getting pre-approved first gives you an edge and avoids surprises later.

Mortgage Pre-Approvals